235 W Ford Tee Lake RdGermfaskMI49836
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Germfask at 235 W Ford Tee Lake Rd, Germfask, MI, 49836 with 5% annual appreciation on a $159,900 basis while $1,385/mo rent supports operations. Total monthly income totals $1,385/mo and a $783/mo payment preserves $330/mo for cash returns. Annual cash flow comes to $3,962/yr on $53,007 deployed, and return on cash invested reaches 27.38% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 10.39%. Five-year ROI measures 143.54% and total cumulative return in cash totals $76,086.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,385/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
12 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Valerie Streeter • Woods N Water Real Estate
Mls Name: EUPBR
Mls Provider:
Mls ID: #24-524
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.